Question: A supply chain manager has used a forecasting method with 2 different a value. How much is the MAD value for each a? Year Demand
A supply chain manager has used a forecasting method with 2 different "a" value. How much is the MAD value for each "a"?
| Year | Demand | Forecast (a=0.3) | Forecast (a=0.7) |
| 1 | 10 | 7 | 10 |
| 2 | 20 | 15 | 14 |
| 3 | 20 | 16 | 17 |
Select one:
a. MAD(a=0.3)= 4, MAD(a=0.7)=5
b. MAD(a=0.3)=4, MAD(a=0.7)=3
c. MAD(a=0.3)= 6, MAD(a=0.7)=3
d. MAD(a=0.3)= 5, MAD(a=0.7)=5
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